On Monday morning, we will execute four trades. Shortly after the opening bell, we will sell 100 shares of Danaher at approximately $274.13. Following the trade, Jim Cramer's Charitable Trust will own 475 shares of Danaher, which will reduce its weighting in the portfolio from 4.84% to 4%. In addition, we will sell 20 shares of Salesforce at approximately $264.89. That will reduce its weighting in the portfolio from 1.78% to 1.62%. We will also purchase 50 shares of Disney at approximately $90.19. The purchase will give us 930 shares of Disney, which will increase its weighting from 2.43% to 2.57%. And finally, we will purchase 225 shares of Starbucks at approximately $74.16. That will bring our position to 1,100 shares, which will increase its weighting from 1.99% to 2.5%. Now that our trading restrictions have been lifted, we are selling some Danaher shares. We indicated this sale last Friday after the stock hit $275, a profit-taking level that Jim identified during our July monthly meeting. The position is also ripe for adjustment after rising to nearly 5% on the back of last week’s 12% rally to a new 52-week high, which was fueled by its better-than-expected quarter and broader market rotation. We will take a small gain of around 1% on shares purchased in January 2022. We are also going to lock in gains in Salesforce. The stock has made a nice recovery in recent months, recouping nearly all of its losses since its May 29 earnings report, when the stock fell 20% after management disappointingly cut its outlook. Given the recovery, we believe it is appropriate to trim the position. We'll make a solid gain of around 20% on shares purchased in January 2022. On the buy side, we're adding to our position in Disney. The stock is down 8% from our previous purchase of 50 shares in July, which was the first time we added shares since we sold a total of 490 shares at an average price of about $118 in April. We think the box office success of “Inside Out 2” and now “Deadpool & Wolverine” is a sign that the company's strategy of making a franchise sequel is working. Lastly, we're buying some shares of Starbucks. A week ago, we upgraded our rating to “buy here” 1 after learning that activist firm Elliott Management acquired a stake in the coffee giant. We're big fans of Elliott Management's work and think their presence should lead to much-needed changes. One more thing to keep in mind is that Starbucks reports after the closing bell on Tuesday night, and our Monday buy is not a prediction about the quarter. We expect more muted results, but the market should be, too. We think Monday morning's reaction to McDonald's quarter (which is slightly up despite missing revenue, earnings, and same-store sales levels) is a good sign that sentiment in these quality global restaurant companies is fading. Also, if trends don't improve from here and Starbucks' operations don't improve, we think Elliott will push for new management to fix the problems. (Jim Cramer's charitable trust is long DHR, CRM, DIS, and SBUX. See a full list of stocks here.) As a subscriber to CNBC's Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE FOREGOING INVESTMENT CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND OUR DISCLAIMER. NO FIDUCIARY OBLIGATION OR DUTY EXISTS OR IS CREATED BY VIRTUE OF THE RECEPTION OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTMENT CLUB. NO SPECIFIC RESULTS OR EARNINGS ARE GUARANTEED.
